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Mar 22, 2013
03/13
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talk to me about being a woman in this environment, in this lean in time that cheryl sandberg talked about, and, you know, just overall what your views are. >> it's not something i think about a lot. with sheryl out now, it is interesting to think about. i think that there's no difference between male and female ceos, and i think it's nice to get attention from a female ceo, but i would rather be recognized as a ceo. shibani: it was on this day in business back in 1894 that the very first stanley cup championship took place. the trough my was awarred to montreal defeating the ottawa generals, and it's passed on every year, and current holders are the l.a. kings. the trophy was named after then governor general of canada, lord stanley presston, and last year, nearly 3 million people in the united states tuned in to watch the finals and the average ticket price of the first game was $833, and by game five, the price went up to more than a thousand dollars a ticket. well, it's the oldest trough my competed for by professional at athletes in north america, and it was played today, march
talk to me about being a woman in this environment, in this lean in time that cheryl sandberg talked about, and, you know, just overall what your views are. >> it's not something i think about a lot. with sheryl out now, it is interesting to think about. i think that there's no difference between male and female ceos, and i think it's nice to get attention from a female ceo, but i would rather be recognized as a ceo. shibani: it was on this day in business back in 1894 that the very first...
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Mar 23, 2013
03/13
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we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >> dan: breaking news tonight. an officer involved shooting in castro valley. here is a live picture from the scene. a man with a rifle was involved with a dispute. he threatened to shoot sheriff's deputies when they came to the scene. he was hiding in the bushes popping up to aim at the deputies apparently. he was shot and taken to the hospital with possibly life-threatening injuries. we will keep you updated here on our website and at abc7news.com and also over on channel 7. >> moving on to tech news, remember blackberry, the must have cellphone list. new smart phone, the buzz about it is pretty good. jonathan bloom explains, compared to samsung's galaxy or iphone 5, blackberry may face an uphill bottle. >> beneath his coat. director is hiding something that is not so stylish. >> i h
we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >> dan: breaking news tonight. an officer involved shooting in castro valley. here is a live picture from the scene. a man with a rifle was involved with a dispute. he threatened to shoot sheriff's deputies when they came to the scene. he was hiding in...
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Mar 22, 2013
03/13
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you figure if you're in a really strong economic environment, the on si opposite is what you expect to get. i'd be more concerned about financials for the reasons you suggest. >> let's go to goldman sachs, dan. you are looking to put a bearish trade on goldman. >> not having much to do about goldman other than it happened to be the weakest. this is one of the best banks out there. this is one that you want to buy on dips, if you believe in the u.s. financial system in a lot of ways, okay? but on a relative basis, like, we just said, you know, the euro stocks, the bank index got nailed this week. and it down 3.5% on the year. the xlf is up 10% on the year. so, when i think about goldman sachs, we just mentioned the stress test, these are one of the two guys that were flagged as far as having deficiencies in risk management. you think of the great quarter they had in q-4. the stock has been off to the races since then. so, what i want to really just look at is, in the next couple weeks, the next month and a half, when you think about what's gone on in the last two years in this time peri
you figure if you're in a really strong economic environment, the on si opposite is what you expect to get. i'd be more concerned about financials for the reasons you suggest. >> let's go to goldman sachs, dan. you are looking to put a bearish trade on goldman. >> not having much to do about goldman other than it happened to be the weakest. this is one of the best banks out there. this is one that you want to buy on dips, if you believe in the u.s. financial system in a lot of ways,...
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Mar 22, 2013
03/13
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>> now, considering we were hoerpting in an environment that can be only described as alice in wonder land, how does the fed managing interest rates play into the interpretation of your survey. or does it at all in your opinion? >> well, i'm not sure if they do look at our survey or not. the reading i would take away is more and more are of the view they may start tweaking with the bond buying program. >> now from my perspective. let me make an assumption. let me say in my opinion i don't think they're going to pull back in a big way any time soon from some of these programs. so i guess the question i'm going to ask you this, is the bearish news showing up in con treat terms, not just opinion in your survey, should the interest rates remain tame and they actually have been dropping, what you are saying is that this could be a contrary indicator that's big out there. it can create a spiral where they need to run in and buy futures if rates start to drop. could that not be true as well? >> well, rick, i think you're right in thinking that is a possibility. we don't know for issue if thi
>> now, considering we were hoerpting in an environment that can be only described as alice in wonder land, how does the fed managing interest rates play into the interpretation of your survey. or does it at all in your opinion? >> well, i'm not sure if they do look at our survey or not. the reading i would take away is more and more are of the view they may start tweaking with the bond buying program. >> now from my perspective. let me make an assumption. let me say in my...
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Mar 22, 2013
03/13
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. >> well, let me ask you about the environment, broadly speaking, in terms of the corporate side of the story, byron. because, of course, we know this week, we saw deterioration in the transports. we saw fedex reporting disappointment. oracle reported disappointment. cart pillar come under some pressure. is this indicative of a tough earnings period in the first quarter? >> that's what i think, maria. but the market doesn't seem to care. the market doesn't care about anything. it doesn't care about cyprus. doesn't care about disappointing earnings. as long as this money is flowing into the -- you know, out of the fed, stocks keep going higher. >> but in the meantime, we've had some -- many analysts, actually, market strategists, come out in the last week, week and a half, raising their estimates for where the s&p will close for this year, because they see the impact that fed policy has had on this market. so, why not just ride the market higher here, byron, and wait for the fed to change its mind? >> well, i don't -- you know, phil, i'm worried that some of the strategists that are
. >> well, let me ask you about the environment, broadly speaking, in terms of the corporate side of the story, byron. because, of course, we know this week, we saw deterioration in the transports. we saw fedex reporting disappointment. oracle reported disappointment. cart pillar come under some pressure. is this indicative of a tough earnings period in the first quarter? >> that's what i think, maria. but the market doesn't seem to care. the market doesn't care about anything. it...
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Mar 24, 2013
03/13
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the trouble is it is not going to happen in the current environment. we have a debate as the sequester unfolded you have republicans saying this is terrible. it will open us up. it is serving iranians but not a penny tax increase. but in that environment it is unrealistic thing to expect a grand bargain and we don't want to hold short term policies hostage to have a grand bargain i'd love to see but isn't going to happen right now. >> this last graph is about japan. you brought it to my attention. you wrote a book at about the japan economics and the -- >> that's right. >> japan is the full-scale dress rehearsal for what we are going through now. people studying japan in the '90s were dreading what happened. >> if you look at japan, one thing you say is when you look at japan now you are glad the japanese central bank is finally doing something. you often argue that japan didn't do enough in terms of stimulus. i want to show you japan's debt to gdp. i guess if this isn't enough, than what is? look at what they spent, it paved every roadway and highway
the trouble is it is not going to happen in the current environment. we have a debate as the sequester unfolded you have republicans saying this is terrible. it will open us up. it is serving iranians but not a penny tax increase. but in that environment it is unrealistic thing to expect a grand bargain and we don't want to hold short term policies hostage to have a grand bargain i'd love to see but isn't going to happen right now. >> this last graph is about japan. you brought it to my...
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Mar 18, 2013
03/13
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he had the environment in the first quarter to do it. credit spreads contracted significantly, volatility low. let's go to the strength of morgan stanley, global wealthy management. investment banking. profits up 50%, no one is talking about the hiring of gary cominski, our gary cominski. >> that's a game changer! >> let's not laugh it off. i've known gary over 20 years. morgan stanley is reaching out to do something interesting. gary is not going to go to an entity in which he believes the stock of that entity will fall. >> did he bulldoze? >> i agree with the points he's making. i'm long on financials. from a trading aspect, perception is reality as you well know. whether it's true or not, when there's concern out of europe, morgan stanley gets hit first and hardest. i want to stay long on the jpmorgans but morgan stanley is sittingprecariously on the long day average. if the banks go below the $22 range i think it's going back to 20. >> stephanie, who won? >> i think mike did, not necessarily for the european commentary but because i
he had the environment in the first quarter to do it. credit spreads contracted significantly, volatility low. let's go to the strength of morgan stanley, global wealthy management. investment banking. profits up 50%, no one is talking about the hiring of gary cominski, our gary cominski. >> that's a game changer! >> let's not laugh it off. i've known gary over 20 years. morgan stanley is reaching out to do something interesting. gary is not going to go to an entity in which he...
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Mar 26, 2013
03/13
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the stock market for the next ten years might be something like 3% a yrhich isn't bad ithe current environment. that's way better than your ten-year treasury. >> we'll leave that for another conversation, but thank you so much. robert shiller, co-founder of the case shiller index and also economics professor at yale university. >> today's case shiller house price confirms why americans are once again bullish on real estate. according to the latest cnbc all-america survey, 33% believe their home prices will rise during the next year? that's up from 9% from november and it is the highest that number's been since december of 2007. 54% think home values will stay the same. only 13% think they will decrease. and while stocks and real estate look promising, gold is the preferred choice of american investors. 35% say they believe gold is their best investment. 27% of the respondents named real estate and 21% like stocks the most. >> so while most americans prefer gold, that investment hasn't paid off recently and jackie deangeles takes a look at why the precious metals is oking tarnished. many instor
the stock market for the next ten years might be something like 3% a yrhich isn't bad ithe current environment. that's way better than your ten-year treasury. >> we'll leave that for another conversation, but thank you so much. robert shiller, co-founder of the case shiller index and also economics professor at yale university. >> today's case shiller house price confirms why americans are once again bullish on real estate. according to the latest cnbc all-america survey, 33%...
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Mar 22, 2013
03/13
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an increase in the interest rate environment for the banks would be positive for the bottom line. shibani: ralph, what about you? anything you're staying away from and you wouldn't touch with a 10 foot pole? >> i mentioned it before the emerging markets have been lagging. i think it is too early to buy into emerging markets. i think part of that problem is the fact that there is a question about growth and, as a result of that, you have a lot of the commodity not doing very, very well like steel and copper and things like that. i think i would avoid that for a while. shibani: all right, ralph and jim, thank you very much for joining us today. david: thanks, gentlemen. happy weekend. >> thank you. >> you too. shibani: leaders of the european union are locked in bailout talks as the clock wind down for the country to raise 5.8 billion euros in order to receive a much-needed bailout. we'll go live to the heart of all the action to cyprus. david: how many people would buy that country right now, speaking of cyprus, the idea of confiscating people's income after already been taxed sent
an increase in the interest rate environment for the banks would be positive for the bottom line. shibani: ralph, what about you? anything you're staying away from and you wouldn't touch with a 10 foot pole? >> i mentioned it before the emerging markets have been lagging. i think it is too early to buy into emerging markets. i think part of that problem is the fact that there is a question about growth and, as a result of that, you have a lot of the commodity not doing very, very well...
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Mar 21, 2013
03/13
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cheryl: ideal economic environment, you're looking at the economy even though we had kind of a mixed picture today and then, again, corporate valuations. that's the bulls' side of this. john, i know you're bearish. you're calling for serious corrections on the s&p and dow. you're saying it's going to happen sooner rather than later. what are you seeing on the other side of the coin here? >> well, look, when things are euphoric, which they are, when alan greenspan comes out and says pie stocks along with the movie stars and, of course, our good friend, ned, then you should be looking to sell. and i'd also like to say this, i was on the show here last april 2012, we were pounding the table then, but right now you've got some real headwinds, and i'll give you a few of them. one, gdp is benign, .1%, you know, in fourth quarter of 2012. analyzed numbers are running around 2%, it just isn't keeping up. unfortunately, the treasury market is not confirming here. you know, if the ten-year was at 275, i'd say we'd probably leg up here, not happening. you know, and i think, thirdly, look at ear
cheryl: ideal economic environment, you're looking at the economy even though we had kind of a mixed picture today and then, again, corporate valuations. that's the bulls' side of this. john, i know you're bearish. you're calling for serious corrections on the s&p and dow. you're saying it's going to happen sooner rather than later. what are you seeing on the other side of the coin here? >> well, look, when things are euphoric, which they are, when alan greenspan comes out and says...
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Mar 25, 2013
03/13
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, you get to take your brand advertise that you're putting on tv and really put it into this social environment where you're users are engaging with the content. >> and then there's bill simmons, one of the star pundits of espn, doing live webcasts on youtube with friends. you get to hear his thoughts on the game in realtime. espn didn't sell ads, admitting this is a test run. they've committed zero dollars to ncaa rights and it's a low cost production. easy money. >> that is a business model right there. >>> a lot more still to come. tweet time. could texas be getting ready to hoard some gold? lawmaker wanting them to allow the state and texans to store gold at its own facility with protection of the state. if passed, texas would be the first state to have its own ft. knox, essentially, allow ting it to be protected by the tenth andment. if your home state could make its own protected depository for anything, what would it be and why? tweet us at squawk street and we'll get you responses in the next hour. >> in the meantime, interrupt. i believe we know why the markets have turned south. the h
, you get to take your brand advertise that you're putting on tv and really put it into this social environment where you're users are engaging with the content. >> and then there's bill simmons, one of the star pundits of espn, doing live webcasts on youtube with friends. you get to hear his thoughts on the game in realtime. espn didn't sell ads, admitting this is a test run. they've committed zero dollars to ncaa rights and it's a low cost production. easy money. >> that is a...
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Mar 22, 2013
03/13
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lyric can also give you exceptionally clear, natural sound in quiet and noisy environments because of how it works with your ear's own anatomy. can your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call 1-800-411-5534 or visit trylyric.com for a risk-free 30-day trial offer and free dvd and brochure. get the hearing aid that can. lyric from phonak. lyric can. ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. >>> back now with today's return on retirement. 66,000, that's what charles schaub investors with more than $250,000 in assets think they could live on each year in retirement. the problem, the same investors are making about $115,000 on average right now from their jobs. so they are going to need to start saving more or spending less
lyric can also give you exceptionally clear, natural sound in quiet and noisy environments because of how it works with your ear's own anatomy. can your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call 1-800-411-5534 or visit trylyric.com for a risk-free 30-day trial offer and free dvd and brochure. get the hearing aid that can. lyric from phonak. lyric can. ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to...
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Mar 22, 2013
03/13
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FBC
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and you'll see lyric can also give you exceptionally clear, natural sounin quiet and noisy environments because of how it works with your ear's own anatomy. (testimonial section) (ttimonial section) (testimonial section) (testimonial section) (testimonial section) did you know, 94% of people who use lyric would recommend lyric to a friend or loved one. can your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call or visit tryric.com for a risk--free 30--day trial offer. you'll also get a free informational dvd and brochure. why wait? hear today what a little lyric can do for you. get the hearing aid that can. lyric from phonak. lyric can. ♪ stuart: you want to make your company more visible on the internet, you may hire our next guest. joining us now from the new york stock exchange, the ceo of the advertising technology company marron sootware which had its ipo today and went straight up. congratulations. i am sure you have done very well. >> thank you very much. appreciate. stuart: i have to make sure i know exactly what you do. here is how it wa
and you'll see lyric can also give you exceptionally clear, natural sounin quiet and noisy environments because of how it works with your ear's own anatomy. (testimonial section) (ttimonial section) (testimonial section) (testimonial section) (testimonial section) did you know, 94% of people who use lyric would recommend lyric to a friend or loved one. can your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call or visit tryric.com for a risk--free 30--day...
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Mar 21, 2013
03/13
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but for law enforcement officers going into that environment, having to deal with some someone with a 30, 40, 50-round magazine, that puts them in needless harm's way. so by eliminating that capacity, people still have the right to fire those weapons. we just have a better opportunity, a better chance, to really neutralize that threat. >> chief goddette, you live in newtown, i believe. >> i do. >> the argument -- you would have heard this many times. is there any attempt to prohibit the sale of ar-15s, one of the most popular rifles in the country, is an satellite on the second amendment rights of americans. what do you say to that? >> i respect the second amendment. i believe that people should have the right to own weapons. i think that the assault weapon in particular is a weapon of war. and i don't believe necessarily that anyone, other than police or military, should own a weapon like that. it puts my people in danger and great jeopardy. it puts the citizenry in great jeopardy. i reject the notion that it's a sporting rifle. i believe it's a weapon of war and intended to kill as
but for law enforcement officers going into that environment, having to deal with some someone with a 30, 40, 50-round magazine, that puts them in needless harm's way. so by eliminating that capacity, people still have the right to fire those weapons. we just have a better opportunity, a better chance, to really neutralize that threat. >> chief goddette, you live in newtown, i believe. >> i do. >> the argument -- you would have heard this many times. is there any attempt to...
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Mar 20, 2013
03/13
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. >> well, i think when you look at things right now you're looking at low interest rate environment. that's something we have been in for a long time. i think that's going to continue certainly we'll know more about that when we hear more from the fed. i think that's one. when you look at buying a home, versus renting a home, i think the advantage goes to the buying. look at what lennar has going, new orders are up 34%. we're up at $43, i missed it. i think it's doing higher. >> doc, what's going on? >> for 2013 i do think it's going higher, but in the short term the index of home builder confidence, these are the actual people swinging the hammers and so forth is now at a three-month slide. in other words, after having eight months of just very positive outlook, now they're negative. and you've got input costs. all the costs because of superstorm sandy and all the rest have increased for the guys. the problem for the home builders is supply. they don't have enough of it. so demand is there. supply and demand that's what you have to balance out. but they have too much demand. they do
. >> well, i think when you look at things right now you're looking at low interest rate environment. that's something we have been in for a long time. i think that's going to continue certainly we'll know more about that when we hear more from the fed. i think that's one. when you look at buying a home, versus renting a home, i think the advantage goes to the buying. look at what lennar has going, new orders are up 34%. we're up at $43, i missed it. i think it's doing higher. >>...
SFGTV2: San Francisco Government Television
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Mar 21, 2013
03/13
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SFGTV2
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i am here to ask you for your support of the environment certification report for the mexican museum. i don't have to tell you the tremendous impact that the mexican museum will have on our children so just a few words but to tell you it's very, very important that we have the mexican mime. so thank you for your support. i'm looking forward to celebrate the opening of the museum soon thank you. >> any other general accommodate. okay general public comment is closed. >> i've worked at the museum for over about 17 years and i've got to say we really need the mexican museum. the area needs it the area needs it the nation needs it. >> the 706 mexican project the certification report please know that the public comment is closed it ended on august 28th and it doesn't conduct the final comments on eirs. >> good afternoon i'm deborah planning staff. the item before you is the certification of the final eir for the proposed 7 mission street. case no. 2008 dot 14 e. i'm joined by a couple of people. in addition, staff right office of infrastructure formally referred to as the successor agency
i am here to ask you for your support of the environment certification report for the mexican museum. i don't have to tell you the tremendous impact that the mexican museum will have on our children so just a few words but to tell you it's very, very important that we have the mexican mime. so thank you for your support. i'm looking forward to celebrate the opening of the museum soon thank you. >> any other general accommodate. okay general public comment is closed. >> i've worked...
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Mar 18, 2013
03/13
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FBC
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the environment is so different. we have taxes and regulations. is it hard to grow a business in today's world? >> i don't think it's any harder. if you have the passion for what you're doing in believe it and find to let you know, what you are best that and exploit that a stake you will be successful. you know, that's what we have done all along. tracy: debt would be proud. but mitt david, but david founder and ceo. it's all about the passion. thank you. adam: politics. tracy: the compression shirt. adam: know because i no you're going to say something in that whatever response to it. thank you very much. it's tough work. even at that. president obama nominated thomas perez as the next labor secretary this morning. some republicans are already voicing concern about this. and jeff flock is live at the white house. i think the senator from louisiana is already saying no way. >> is going to block this in the senate. does not kill the nomination, but it does create some problems for the administration after thomas perez, the president's pick to lead
the environment is so different. we have taxes and regulations. is it hard to grow a business in today's world? >> i don't think it's any harder. if you have the passion for what you're doing in believe it and find to let you know, what you are best that and exploit that a stake you will be successful. you know, that's what we have done all along. tracy: debt would be proud. but mitt david, but david founder and ceo. it's all about the passion. thank you. adam: politics. tracy: the...
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Mar 26, 2013
03/13
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environment. and you have to look at fiscal policy and monetary policy in the same way. the last five years every investor has been worried about their cash because they haven't wanted to own equities because they are worried about the armageddon skin narrow. >> right. >> so what happens you start to buy insurance. put options or you hold cash or buy 30-year treasuries. you know, after the policies from the ecbmt or the fed program you have derisked a lot of that. now people are reducing their insurance. that means cash is coming off the sidelines. >> the fed is forcing out the curve a little bit. >> the fed is reducing the probability of the systemic shock. >> okay. >> in which case investors are looking to do other things with their money. the yield curve is. now people are putting more money into equities because of the evaluations. david said it before. you're still trading 14 times forward earnings. equity risk premium still looks yield. ie, bonds look attractive. >> they were very attractive
environment. and you have to look at fiscal policy and monetary policy in the same way. the last five years every investor has been worried about their cash because they haven't wanted to own equities because they are worried about the armageddon skin narrow. >> right. >> so what happens you start to buy insurance. put options or you hold cash or buy 30-year treasuries. you know, after the policies from the ecbmt or the fed program you have derisked a lot of that. now people are...
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Mar 22, 2013
03/13
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KGO
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the company says it is about making a better living environment. some dog owners say another example of big brother. no one wants to step in that. no one wants to see that around their apartment complex. that does seem extreme to me. >> you apparently have to register your dog's poop beforehand. so they know who it belongs to. and also, one owner brings up a good point. what if your dog has diarrhea. sorry if you are eating at this hour of the night. it is kind of hard to pick it up. kind of slippery and will probably get everywhere. what's the penalty here aside from a fine? do they detain your dog? >> i don't know. >> detain you? >> i know, right. maybe they make you get rid of your dog. i can't imagine -- a fine? >> maybe like repeat offender the dog gets crated, hauled off. poor fido. >> we have to get to the bottom of this. maybe somebody owns the lab, analyzes the poop. get rich off this. follow the money. >> you broke the story. >> whatever. making the stuff up. >> come to john, any story, you get to the bottom of the story. >> well, yeah. r
the company says it is about making a better living environment. some dog owners say another example of big brother. no one wants to step in that. no one wants to see that around their apartment complex. that does seem extreme to me. >> you apparently have to register your dog's poop beforehand. so they know who it belongs to. and also, one owner brings up a good point. what if your dog has diarrhea. sorry if you are eating at this hour of the night. it is kind of hard to pick it up. kind...
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Mar 20, 2013
03/13
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it's really challenging environment right now. what we're seeing is the retail economy is not doing that well. so fedex is having a tough go in the near term. it sounds like we'll get more aircraft retardants out of the fleet. that will be good for the cost structure. traffic up 20% this quarter. the ground business was up 10%. so doing very well if we can shrink the air fleet it becomes a much better story. >> you can shrink the air fleet, brandon, but it will have to contend with the fact that consumers, and fedex and ups talked about this in january. consumers are choosing cheaper ways to ship. they're willing to let things ship over a longer period of time. maybe longer in terms of the type of air they choose. and so i'm wondering if they're doing enough to combat the secular change in the business. >> well, that's a real criticism levied against the company. they have a really big ground work. and i think investors have excited about that. but we need a lot of aircraft for overnight dplifrry. be it domestically or from china.
it's really challenging environment right now. what we're seeing is the retail economy is not doing that well. so fedex is having a tough go in the near term. it sounds like we'll get more aircraft retardants out of the fleet. that will be good for the cost structure. traffic up 20% this quarter. the ground business was up 10%. so doing very well if we can shrink the air fleet it becomes a much better story. >> you can shrink the air fleet, brandon, but it will have to contend with the...
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Mar 19, 2013
03/13
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conclude we can safely export natural gas, this is not even about a trade off between the economy and the environment. we can do these projects, prevents these projects will stop a lot of jobs from being created, it is not going to make a development in global emissions. it making no sense to me and the economy. neil: malia. >> i just quickly top say, i understand how we like to take things and combine themm but, i do not think that the only reason why keystone project is not happening is because, barack obama asked his agency this question, to get back to original topic, what i think is really important for us to look forward and you know neil, i don't think that anyone would disagree with you that jobs are important, the problem with laser beam focus you have a society and a lot of things that need to be focused on, laser beaming becomes narrowing, i don't think that is how we' our president or anyone in congress to just have like this one bullet silver bullet solution on what will save the u.s., that is not only thing that u.s. needs right now, we not only have a jobs problem. neil: i think it sho
conclude we can safely export natural gas, this is not even about a trade off between the economy and the environment. we can do these projects, prevents these projects will stop a lot of jobs from being created, it is not going to make a development in global emissions. it making no sense to me and the economy. neil: malia. >> i just quickly top say, i understand how we like to take things and combine themm but, i do not think that the only reason why keystone project is not happening is...
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Mar 20, 2013
03/13
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we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> curiosity is back. the latest problem with the mars rover has been solved. curiosity has been down due to a software glitch. engineers got it to switch to the other computer. now the first computer is working again. >>> mark is here with sports. how about the st. maries gills. >> although the regular season didn't go as plans. they looked in ruin at the ncaa. they can't beat their arch rival gonzaga. but look at them. they're going to the big dance after they toast middle tennessee by 13. matthew, nice anticipation. he'll take it the other way. two of his 22. and the gaels play a nice defense tonight. middle tennessee finds out. only one basket in the last 9:30 of the first half. steve holt, off the bench with 13. he'll take it pillar to post. he had 18 points and 6 remembers. gael
we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> curiosity is back. the latest problem with the mars rover has been solved. curiosity has been down due to a software glitch. engineers got it to switch to the other computer. now the first computer is working again. >>> mark is here...
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Mar 21, 2013
03/13
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you mix them all up together and you get the absolute perfect environment for the fed reserve to stay stock market friendly. that's exactly what happened today. ben bernanke allowed the averages to power higher. dow gained 56 points. the s&p rising today, nasdaq jumping .78%. it's not sleight of hand or alchemy at work here, despite what critics say when they constantly slam the fed. >> boo! >> bernanke is not playing a game of move the stock market higher by simply continuing to keep the competition from bonds incredibly weak. he's got a real good reason for doing what he's doing, which is staying the course, keeping rates low. that reason? 1937. see, ben bernanke is a rigorous guy. he's a professor and a genuine scholar of american financial history. it's what he does best. he knows that in 1937 after three years of 12% economic growth that took unemployment from 25% down to 14%, the fed, the president, congress, declared victory over the great depression. ♪ hallelujah >> washington raised income taxes on the wealthy. >> boo! >> took the top marginal rate to the astounding 75% and
you mix them all up together and you get the absolute perfect environment for the fed reserve to stay stock market friendly. that's exactly what happened today. ben bernanke allowed the averages to power higher. dow gained 56 points. the s&p rising today, nasdaq jumping .78%. it's not sleight of hand or alchemy at work here, despite what critics say when they constantly slam the fed. >> boo! >> bernanke is not playing a game of move the stock market higher by simply continuing...
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Mar 22, 2013
03/13
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it's really just a story of picking the companies that are able to perform in this environment. i think that's what's going to get you through. >> i would suggest that the whole market is priced for perfection at this point. >> what's priced for perfection? if you're talking about a p.e. of 13, 14, is that overvalue? >> i think you have to go back to, you know, what i've said, is that e., you have to be very careful at how you look at that e., that earnings number. that earnings number is based on what i believe is a false earnings number, on rates that are far too low. i think you're going to start to see some of that drift up. and you're going to see, i think, we're going to realize in retrospect that this market is not as cheap as it looks, and just at 13 by itself, you cannot look at that number in a vacuum, that we do have a swaluativalua problem there. >> gentleman, thank you very much. we'll be watching. next week will be a big week. >>> up next, nowhere to hide. a new internet sales tax could be on the way. we'll take you live to washington and get the latest development
it's really just a story of picking the companies that are able to perform in this environment. i think that's what's going to get you through. >> i would suggest that the whole market is priced for perfection at this point. >> what's priced for perfection? if you're talking about a p.e. of 13, 14, is that overvalue? >> i think you have to go back to, you know, what i've said, is that e., you have to be very careful at how you look at that e., that earnings number. that...
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Mar 20, 2013
03/13
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now, that might be terrible for the environment. but it's darn cheap. and if coal volume starts coming back because of the switch, well, that's the holy grail of the railroad business. because the truck don't too well. i bring this up, because we're playing a game. a new game here on "mad money." it's called oligopoly. no free parking, no passing go and sadly no community chest. but unlike monopoly where you make money, it's fake, right, in the investor game we can help you make real money. amazing when it comes to the railroads we have the situation where the truth is stranger than fiction. le of golly is where a small number control all the business. we know pennsylvania, redding, b & o. still baltimore and ohio by the way. the short line. you know what? in a bizarre coincidence, 90% of the rail freight in the united states belongs to just four companies. but this is not an industry where you have four companies generally competing against each other, even though you'll see some overlap. you have two in the east, csx and norfolk southern. and burlingt
now, that might be terrible for the environment. but it's darn cheap. and if coal volume starts coming back because of the switch, well, that's the holy grail of the railroad business. because the truck don't too well. i bring this up, because we're playing a game. a new game here on "mad money." it's called oligopoly. no free parking, no passing go and sadly no community chest. but unlike monopoly where you make money, it's fake, right, in the investor game we can help you make real...
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Mar 26, 2013
03/13
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CSPAN2
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really think about refers nation in the environment. an environment that $150,000. take a look. i don't have time to break it down. if you look, that's what you will find. that makes me think of the most interesting and most popular song this year for the current bull. it means orally. this government i am saying is very prolific and putting on a cremation. but i say what they to see them put their money. if they do that, in haiti will a chance. let them put their money and resource station. they should have much more in the budget for that. in the next few weeks, and the next few months i want the other they will back their words with action. that is if they have time. thank you. [applause] >> good evening. i'm going to steal your boat. i wrote it i get to to take it. my name is straightforward. posted "the associated press" in 2007 until 2011 and i'm very honored to be here. i'm honored to be on the panel with both distinguished gentleman. i want to talk about "the big truck that went by". let's talk about big trucks first. my book is your visual aid, "the big truck that went
really think about refers nation in the environment. an environment that $150,000. take a look. i don't have time to break it down. if you look, that's what you will find. that makes me think of the most interesting and most popular song this year for the current bull. it means orally. this government i am saying is very prolific and putting on a cremation. but i say what they to see them put their money. if they do that, in haiti will a chance. let them put their money and resource station....
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Mar 18, 2013
03/13
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in terms of that there is no flight from bonds to stocks any time soon, we live in an inflationary environment, bonds return your principal. gerri: all right, thank you, you know what is interesting, i think tiny country, about a million people live there. cyprus, causing these ripples these concerns, tiny gdp . and yet one bank observer said this, if spanish and italian bank deposit irwake up tomorrow, and say they could tax my deposits too the potential for an international run on the banks is a high-risk. when people say things like that, this is someone who is an expert at banking. who actually does spend a fair bit of time studying these institutions, what should people be thinking about? maybe another option for investing ? >> behides savings, here in u.s. where you are not getting anything, we're -- like we get the question all of the time, it just, a good portfolio has a diverse set of assets whether it is commodities, real estate real , stock, international, and emerging or bonds it is properly allocated and risk managing of that portfolio, the buy and hole is not necessarily great fo
in terms of that there is no flight from bonds to stocks any time soon, we live in an inflationary environment, bonds return your principal. gerri: all right, thank you, you know what is interesting, i think tiny country, about a million people live there. cyprus, causing these ripples these concerns, tiny gdp . and yet one bank observer said this, if spanish and italian bank deposit irwake up tomorrow, and say they could tax my deposits too the potential for an international run on the banks...
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Mar 21, 2013
03/13
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of the economy that are growing, despite all the negative and worries out there, as far as the macro environment. >> okay. but what about the fact that, you know, we were talking about this yesterday, bill, the s&p is expecting earnings growth, the s&p 500, of 0.7% for the first quarter. so we are looking at an earnings deterioration here. now, they're expecting things to pick up later on in the year. but if you're saying there is growth in the economy, but overall earnings are going to grow just 0.7%, is that priced into the market, or will this be a negative surprise? >> i really think that you have to go out there and you have to focus on individual companies. you can find pockets of growth within small and midcap stocks that aren't necessarily, you know, tied to what's going on with the macro environment out there. and that's where i think active portfolio management becomes more and more important in this type of vurenvironment. >> let's bring rick santelli into this conversation. does cyprus matter to this market or not? we move them here or there and then it comes back again, depending on
of the economy that are growing, despite all the negative and worries out there, as far as the macro environment. >> okay. but what about the fact that, you know, we were talking about this yesterday, bill, the s&p is expecting earnings growth, the s&p 500, of 0.7% for the first quarter. so we are looking at an earnings deterioration here. now, they're expecting things to pick up later on in the year. but if you're saying there is growth in the economy, but overall earnings are...
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Mar 22, 2013
03/13
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so i think it's part of the environment and the uncertainty associate with the environment. beyond that i'm really not sure, and one of the things we recommended to the department is they do a root cause analysis to try to figure out what species it's a pretty depressing place up here, isn't it? [laughter] >> well, this is a tough issue. i know from running the gao, you know, we have employee feedback surveys, too. fortunately, we are one of the top ranked ones but we didn't get there by accident. we worked on this over the years. it'it very difficult to figure t what motivates people and what you really need to do to address their concerns. but you have to try, keep trying hard, keep trying but are defined with some of the root causes are. we've made a recommendation to dhs. they have agreed to do that, and i think that will provide some insight to the recent. you have to study this. a few leapt to conclusions about things you can actually make things worse spent secretary lute, do think it's any worse in dhs than it is anywhere else in the government's? >> i won't speak fo
so i think it's part of the environment and the uncertainty associate with the environment. beyond that i'm really not sure, and one of the things we recommended to the department is they do a root cause analysis to try to figure out what species it's a pretty depressing place up here, isn't it? [laughter] >> well, this is a tough issue. i know from running the gao, you know, we have employee feedback surveys, too. fortunately, we are one of the top ranked ones but we didn't get there by...
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Mar 25, 2013
03/13
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MSNBCW
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you know, they try to make it as safe an environment as possible, but you never know what's going to happen. >> we've accompanied these inmates and many others through one of the more discomforting aspects of intake. the strip search. >> our intake officer will take them one at a time back into a strip room, do a visual cavity search. >> searching all that too? >> yep. >> they try to do it with a level of dignity and respect to not make the person uncomfortable. >> bend over and spread your butt cheeks. thank you. what size of underwear? >> because utah receives a relatively small number of new arrivals on intake days, officers can make the process more comfortable for inmates. we found a very different atmosphere at the sprawling and constantly bustling los angeles county jail. >> stand up, spread your feet. shoulder width apart. lift up your left foot, wiggle your toes. >> l.a. county, which is probably one of the largest jail systems in the world, is a completely different experience. >> drop them, turn around. >> and the inmate reception center is gigantic. you know, they get 400
you know, they try to make it as safe an environment as possible, but you never know what's going to happen. >> we've accompanied these inmates and many others through one of the more discomforting aspects of intake. the strip search. >> our intake officer will take them one at a time back into a strip room, do a visual cavity search. >> searching all that too? >> yep. >> they try to do it with a level of dignity and respect to not make the person uncomfortable....
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Mar 23, 2013
03/13
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. >>> millions of people all around the world, concerned about the environment, will be turning off their lights in support of earth hour. from 8:30 to 9:30 tonight, to make a statement about their concern over climate change. the bay area will be participating in a big way as well. san francisco is named earth hour capital this year. the bridges, and city hall, will all go dark. it makes for very dramatic video. we'll check in with anthony slaughter. for a look at this weekend's forecast. >> get your hands dirty. i have a little rose bush myself too and i prune it back but just a little because i'm like you, chris, i don't want to cut the whole thing away. we do have our sun coming up. you can see, we have clear skies overhead, even in foster city. beautiful sunrise this morning. just a few high thin clouds. if you are like me, always thinking about the beach, well, this is going to be a great weekend to get out to some of our area beaches. temperatures are going to warm very nicely back to 70 degrees in santa cruz. that's our beach pick day here across the bay area. definitely some of o
. >>> millions of people all around the world, concerned about the environment, will be turning off their lights in support of earth hour. from 8:30 to 9:30 tonight, to make a statement about their concern over climate change. the bay area will be participating in a big way as well. san francisco is named earth hour capital this year. the bridges, and city hall, will all go dark. it makes for very dramatic video. we'll check in with anthony slaughter. for a look at this weekend's...
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Mar 19, 2013
03/13
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he urged protection of the poorest and the environment. he said the role of pope is to quote, open his arms and protect all of humanity. those are the headlines. back now to tracy. tracy: i think he is cool, patti ann browne. thank you. >> thank you, tracy. tracy: we have breaking news of after all the back and forth and facilitating all day, cyprus parliament rejects tax on bank deposits for a international bailout. 36 votes against and 19 abstained. who knows where it will keep going. the story keeps going. adam: waiting for the russians. tracy: exactly. treasury secretary jack lew on a critical mission to china. earlier today he met with china's new president to talk cybersecurity and more. peter barnes in washington with details. hey, peter. >> tracy, that's right. cybersecurity is at the top of the agenda the new treasury secretary around the new president of china. just last month the private security firm mandy apt, tied the chinese military to cyber attacks on more than 140 u.s. companies. analysts describe the meetings in beijing
he urged protection of the poorest and the environment. he said the role of pope is to quote, open his arms and protect all of humanity. those are the headlines. back now to tracy. tracy: i think he is cool, patti ann browne. thank you. >> thank you, tracy. tracy: we have breaking news of after all the back and forth and facilitating all day, cyprus parliament rejects tax on bank deposits for a international bailout. 36 votes against and 19 abstained. who knows where it will keep going....
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Mar 19, 2013
03/13
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the other part we couldn't measure but that is far more important is being present in the work environment. making better decisions for the organization. depending where you are in the company, they take a longer time to have an impact. we will see that over time. that's the importance of having mindfulness and a personal practice in the workplace at every level in the company. >> mark, you do yoga yourself as well? >> yes, i do. every morning. >> i was telling becky and andrew about your personal style. your ski accident, broken neck, falling down ravine and spending a year on painkillers until you discovered yoga, meditation, acupunctu acupuncture. tell us a little bit about that personal journey. >> well, i think until i had to find my way through a health care system that's really not a system and had to struggle with a debilitating neuropathy. i have it. terrible pain down my left arm all day long. the medical system gave me drugs. the disability system told me to go on long-term disability. they told me that the best hope for me was to live a reasonable good existence on disability p
the other part we couldn't measure but that is far more important is being present in the work environment. making better decisions for the organization. depending where you are in the company, they take a longer time to have an impact. we will see that over time. that's the importance of having mindfulness and a personal practice in the workplace at every level in the company. >> mark, you do yoga yourself as well? >> yes, i do. every morning. >> i was telling becky and...
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Mar 26, 2013
03/13
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attach mothers and fathers to each other and to the children they may create and raise in the best environments. >> now, two appeals and nearly five years later, proposition 8 is being taken all the way to the u.s. supreme court by a bay area couple. let's give you a live look at the supreme court in washington, d.c. where both sides of the issue will be argued for the next ten minutes. you can see the huge crowds out there this morning. christie smith is live at san francisco city hall with a look at the anticipation ahead of today's hearing. good morning, christie. >> reporter: good morning. a number of activists are already in washington, d.c. a lot of people really considering this a date with history. i wanted to show you a tweet that came out this morning. we may not have that. dennis hair rare ra tweeted he was already there wearing a red tie in support of marriage equality for all. hundreds of supporters of same-sex marriage rallied at city hall in san francisco after a march for the castro district last night urging the supreme court to vote in favor of same-sex marriage. opponents are
attach mothers and fathers to each other and to the children they may create and raise in the best environments. >> now, two appeals and nearly five years later, proposition 8 is being taken all the way to the u.s. supreme court by a bay area couple. let's give you a live look at the supreme court in washington, d.c. where both sides of the issue will be argued for the next ten minutes. you can see the huge crowds out there this morning. christie smith is live at san francisco city hall...
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Mar 19, 2013
03/13
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the environment they operate in is not what we're looking for sustainable growth over a period of time. lauren: so many of these emerging markets have rampant corruption. last week i was in vietnam. i was in cambodia. that is all i heard. so as an investor do you want to go into a government where the company has to, pay money here and there to get what they want done? >> no, you don't. and not that even in our own country this has never happened before, as it has. but you have to be selective. there's a lot of lack of transparency in the russian market and the chinese market. there is issues in the indian market as well but there are still companies with great corporate governance that have a long operating history of providing shareholders with the kind of returns that help them achieve --. david: the problem you're company peting with investors like chinese investors who are willing to bribe and the chinese are everywhere in these emerging markets. >> well they are, and it is sad if you looked at the situation with sino forest, there wasn't timber there. you have to be extremely car
the environment they operate in is not what we're looking for sustainable growth over a period of time. lauren: so many of these emerging markets have rampant corruption. last week i was in vietnam. i was in cambodia. that is all i heard. so as an investor do you want to go into a government where the company has to, pay money here and there to get what they want done? >> no, you don't. and not that even in our own country this has never happened before, as it has. but you have to be...
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Mar 19, 2013
03/13
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unions need to adapt to young workers, to a changing work environment. they cannot expect that to adopted them. i do think he has that drive. i do not think they have achieved that yet. the problem is, companies also, unions need to be more flexible. companies need to think beyond the quarterly report. they need to think about what is good for the economy as a whole. stuart: would you eat a non-union twinkie, phil? >> you ask me a variation of that question every time i am here. stuart: you know the question. would you eat a non-union twinkie? >> first of all, i would not eat a twinkie. what i would do is i would patronize the company. stuart: you got out of that one. all right. thank you very much, phil. it is good to see you and we will bring you back soon. we will offer you a twinkie bought by me when they are back on the shelves. what is going on with chesapeake energy? the stock is moving. nicole: did you actually say you are going to buy something for somebody should mark that should be the headline right there. chesapeake being cut today to an und
unions need to adapt to young workers, to a changing work environment. they cannot expect that to adopted them. i do think he has that drive. i do not think they have achieved that yet. the problem is, companies also, unions need to be more flexible. companies need to think beyond the quarterly report. they need to think about what is good for the economy as a whole. stuart: would you eat a non-union twinkie, phil? >> you ask me a variation of that question every time i am here. stuart:...
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Mar 25, 2013
03/13
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we see the uncertainty in the markets and business environment has been reduced. which it does set up though is it's going to make corporate leadership to dividend increases. >> one of the most interesting things of the notes that i'm reading from you today, stocks are not cheap, you say, which is certainly contrary to what we have heard from other people who say, yeah, they are cheap. >> it's a relative game, too, right? steve was talking before the break about japan and europe we tried to get our clients exposed to those markets. japan is much more attractive in terms of valuation multiples. you've got to go in and, of course, hedge 2 currency risk. >> the bond market, the great rotation where yields are relative to equities and how ones should be best positioned there? >> you've got to be prepared positioning now for a eventual rise in the interest rates. the fed program unmost precedented support on monetary terms is coming to an end. if you look at 150 basis point rise in the ten year, that will take you to 3 1/2. 30 years, 4 3/4. for a long-term bondholder i
we see the uncertainty in the markets and business environment has been reduced. which it does set up though is it's going to make corporate leadership to dividend increases. >> one of the most interesting things of the notes that i'm reading from you today, stocks are not cheap, you say, which is certainly contrary to what we have heard from other people who say, yeah, they are cheap. >> it's a relative game, too, right? steve was talking before the break about japan and europe we...
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Mar 22, 2013
03/13
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different perspectives on the tax environment. it's rough out there. thank you for being here. >> a pleasure. >> thank you. cheryl: all right. let's share something highly -- happy. new jobs. unemployment is down. the reasons why coming up. as we go to break, let's take a look at someone in names overall on the nasdaq. we will be right back. ♪ all stations come over to mission a for a final go. this is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. ♪ cheryl: time for your westcoast minute. san francisco's union bank is expanding in arizona. the bank has decided to open a new mortgage operation center. the center is expected to create 250 jobs. the governor offered tax incentives to union bank which is owned by mitsubishi financial trading and the new york stock exchange, up over 16 percent year-over-year. the emplo
different perspectives on the tax environment. it's rough out there. thank you for being here. >> a pleasure. >> thank you. cheryl: all right. let's share something highly -- happy. new jobs. unemployment is down. the reasons why coming up. as we go to break, let's take a look at someone in names overall on the nasdaq. we will be right back. ♪ all stations come over to mission a for a final go. this is for real this time. step seven point two one two. rify and lock. command is...
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Mar 19, 2013
03/13
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KGO
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we are protectors of the plan of god written if nature and protectors of one another and of the environment. >> pope francis made reference to pope benedict in the homily. we are told pope benedict watched on tv. the two will meet on saturday. two things that were different about the events than in the past, the gospel was read in greek rather than latin or italian and only six cardinals representing the entire college of cardinals pledged obedience to the pope. pope francis wanted a simpler ceremony. >> president obama leaves washington for the middle east with stops in israel, the palestinian territories, and jordan. he will try to restart a long stalled israeli and palestinian peace initiative. he told israeli television he wants to hard ideas from both israeli and palestinian leaders. >> just released poll finds support for same-sex marriage is at an all time high and 58 percent of americans say gays and lesbians should be allowed to marry a significant increase from 44 percent only three years ago. the poll finds opposition to same-sex marriage has dropped from 55 percent to 36 percent
we are protectors of the plan of god written if nature and protectors of one another and of the environment. >> pope francis made reference to pope benedict in the homily. we are told pope benedict watched on tv. the two will meet on saturday. two things that were different about the events than in the past, the gospel was read in greek rather than latin or italian and only six cardinals representing the entire college of cardinals pledged obedience to the pope. pope francis wanted a...